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TV Today Network MD, chairman, board of directors and AGM

NSE: TVTODAYBSE: 532515EntertainmentSmall Cap

Last close ₹98.22down ₹3.19 (3.15%)BSE ₹99.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹101.41.

52-week range of traded prices to 23 Oct 2026
₹93.50Low, 23 Mar 2026₹152.12High, 23 Oct 2025
Market cap
₹586 Cr1,686th largest listed
P/E
34.2
P/E without one-offs
18.0
P/B
0.7
Dividend yield
Nonein the last 12 months
ROE
1.9%
ROE without one-offs
3.6%
ROCE
0.6%
Debt to equity
0.02
Volume, NSE
28,72970.5% delivered

TV Today Network board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonAROON PURIE
  • Managing directorKALLI PURIE BHANDAL
  • Company Secretary and Compliance OfficerAshish Sabharwal

7 directors4 independent2 executive1 non-executive

  • AROON PURIE · ChairpersonExecutive · joined Aug 2000 · 1 listed board · 1 committee seat
  • KALLI PURIE BHANDAL · Managing directorExecutive · joined Feb 2016 · 1 listed board · 1 committee seat
  • NEERA MALHOTRAIndependent · joined Jun 2019 · reappointed Jun 2024 · 87 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • JAIVIR SINGHIndependent · joined Nov 2023 · reappointed Nov 2023 · 34 months as independent · 2 listed boards · 2 as independent
  • SUNIL BAJAJNon-executive · joined Sep 2024 · 1 listed board · 1 committee seat
  • HEMA SINGH RANCEIndependent · joined May 2025 · reappointed May 2025 · 16 months as independent · 1 listed board · 1 as independent · 3 committee seats
  • ABHISHEK MALHOTRAIndependent · joined Apr 2026 · reappointed Apr 2026 · 5 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • RAJEEV GUPTA, left 4 Mar 2026: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 5 Aug 20264 of 7 present3 independent · 81 days in between
    • 15 May 20266 of 7 present4 independent

  • Audit Committee

    Chair ABHISHEK MALHOTRA

    NEERA MALHOTRA, HEMA SINGH RANCE

    • 5 Aug 20262 of 3 present2 independent · 81 days in between
    • 15 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair NEERA MALHOTRA

    SUNIL BAJAJ, HEMA SINGH RANCE

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair NEERA MALHOTRA

    KALLI PURIE BHANDAL, HEMA SINGH RANCE

    • 5 Aug 20262 of 3 present1 independent · 64 days in between
    • 1 Jun 20263 of 3 present2 independent

  • Risk Management Committee

    Chair AROON PURIE

    KALLI PURIE BHANDAL, NEERA MALHOTRA, DINESH BHATIA

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair AROON PURIE

    KALLI PURIE BHANDAL, HEMA SINGH RANCE

    • 5 Aug 20262 of 3 present1 independent · 81 days in between
    • 15 May 20262 of 3 present1 independent

  • Environment, Social and Governance Committee

    Chair KALLI PURIE BHANDAL

    NEERA MALHOTRA, DINESH BHATIA

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • S.R. Batliboi & Associates LLPPeer-review certificate valid to Jul 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

TV Today Network AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.TV Today Network dividend history

Annual general meeting, 17 Sep 2026

52,015 shareholders on the register on 10 Sep 2026; present: 1 promoter and 165 others; votes counted by Nitesh Latwal / M/s PI & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    99.99% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.85%

    Turnout: all 65.01% · promoters 100.00% · institutions 31.81% · other public 1.60%

  2. To appoint a Director in place of Mr. Sunil Bajaj (DIN:00131028) who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.
    Ordinary
    98.29% for1.71% against

    Against: promoters 0.00% · institutions 80.17% · other public 11.50%

    Turnout: all 65.04% · promoters 100.00% · institutions 32.58% · other public 1.60%

  3. Ratification of remuneration to be paid to SKG and Co., Cost Accountants, Cost Auditors of the Company.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.89%

    Turnout: all 65.04% · promoters 100.00% · institutions 32.58% · other public 1.60%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 1 Apr 2026, 1 resolution

55,367 shareholders on the register on 27 Feb 2026; votes counted by Nitesh Latwal / M/s PI & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Abhishek Malhotra (DIN: 11540453) as a Non Executive Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.27%

    Turnout: all 65.60% · promoters 100.00% · institutions 40.11% · other public 1.74%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 18 Sep 2025, 6 resolutions

59,059 shareholders on the register on 11 Sep 2025; present: 3 promoters and 181 others; votes counted by Nitesh Latwal / M/s PI & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 69.05% · promoters 100.00% · institutions 77.80% · other public 1.90%

  2. To declare a final dividend of Rs. 3/- (Three) per Equity Share of the face value of Rs. 5/- (Five) each for the Financial Year ended March 31, 2025.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.63%

    Turnout: all 69.15% · promoters 100.00% · institutions 78.61% · other public 1.90%

  3. To appoint a Director in place of Ms. Kalli Purie Bhandal (DIN:00105318) who retires by rotation at this Annual General Meeting and being eligible, offers herself for re-appointment.
    Ordinary
    88.34% for11.66% against

    Against: promoters 0.00% · institutions 79.30% · other public 1.68%

    Turnout: all 69.15% · promoters 100.00% · institutions 78.61% · other public 1.90%

  4. Ratification of remuneration to be paid to M/s SKG and Co., Cost Accountants, Cost Auditors of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.69%

    Turnout: all 69.15% · promoters 100.00% · institutions 78.61% · other public 1.90%

  5. Appointment of M/s DMK Associates, Practicing Company Secretaries, as Secretarial Auditors of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.61%

    Turnout: all 69.15% · promoters 100.00% · institutions 78.61% · other public 1.90%

  6. Approval for payment of remuneration to Ms. Kalli Purie Bhandal (DIN: 00105318), Vice Chairperson and Managing Director of the Company.
    Special
    85.76% for14.24% against

    Against: promoters 0.00% · institutions 96.12% · other public 15.20%

    Turnout: all 69.15% · promoters 100.00% · institutions 78.61% · other public 1.90%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 26 Mar 2025, 1 resolution

59,838 shareholders on the register on 21 Feb 2025; votes counted by Nitesh Latwal / M/s PI & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Ms. Hema Singh Rance (DIN : 06403266) as Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.20%

    Turnout: all 70.45% · promoters 100.00% · institutions 85.50% · other public 0.94%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 18 Sep 2024, 5 resolutions

Present: 3 promoters and 210 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone & Consolidated FinancialnStatements of the Company for the financial year ended March 31, 2024 togethernwith the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 71.95% · promoters 100.00% · institutions 91.35% · other public 1.85%

  2. To declare a final dividend of Rs. 8.50/- per Equity Share of the face value of Rs. 5/-neach for the financial year ended March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 72.05% · promoters 100.00% · institutions 92.05% · other public 1.85%

  3. To appoint a Director in place of Ms. Kalli Purie Bhandal (DIN: 00105318) who retiresnby rotation at this Annual General Meeting and being eligible, offers herself for reappointment.
    Ordinary
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 1.43% · other public 0.87%

    Turnout: all 72.05% · promoters 100.00% · institutions 92.05% · other public 1.85%

  4. Ratification of remuneration to be paid to M/s SKG & Co., Cost Accountants, CostnAuditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 72.05% · promoters 100.00% · institutions 92.05% · other public 1.85%

  5. Appointment of Mr. Sunil Bajaj (DIN: 00131028) as a Non - Executive Non-nIndependent Director of the Company.
    Ordinary
    94.17% for5.83% against

    Against: promoters 0.00% · institutions 31.88% · other public 5.55%

    Turnout: all 72.05% · promoters 100.00% · institutions 92.05% · other public 1.85%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 21 Sep 2023, 7 resolutions

Present: 3 promoters and 177 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2023 together with the reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 75.07% · promoters 100.00% · institutions 97.64% · other public 5.71%

  2. To declare a final dividend of Rs. 3/- per Equity Share of the face value of Rs. 5/- each for the financial year ended March 31, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 75.09% · promoters 100.00% · institutions 97.82% · other public 5.71%

  3. To appoint a Director in place of Mr. Devajyoti Nirmal Bhattacharya (DIN: 00868751) who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment
    Ordinary
    97.01% for2.99% against

    Against: promoters 0.00% · institutions 14.82% · other public 0.06%

    Turnout: all 75.09% · promoters 100.00% · institutions 97.82% · other public 5.71%

  4. Ratification of remuneration to be paid to M/s SKG & Co., Cost Accountants, Cost Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 75.09% · promoters 100.00% · institutions 97.82% · other public 5.71%

  5. Re-appointment of Mrs. Neera Malhotra (DIN: 00118387) as an Independent Director of the Company
    Special
    97.02% for2.98% against

    Against: promoters 0.00% · institutions 14.72% · other public 0.30%

    Turnout: all 75.09% · promoters 100.00% · institutions 97.82% · other public 5.71%

  6. Appointment of Mr. Jaivir Singh (DIN: 01362930) as an Independent Director of the Company
    Special
    97.91% for2.09% against

    Against: promoters 0.00% · institutions 10.36% · other public 0.20%

    Turnout: all 75.09% · promoters 100.00% · institutions 97.82% · other public 5.71%

  7. Approval for payment of remuneration, in case of inadequacy of profits, to Ms. Kalli Purie Bhandal (DIN: 00105318), Vice Chairperson & Managing Director of the Company
    SpecialPromoters have an interest in it
    97.00% for3.00% against

    Against: promoters 0.00% · institutions 14.82% · other public 0.69%

    Turnout: all 75.09% · promoters 100.00% · institutions 97.82% · other public 5.71%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 9 Apr 2023, 4 resolutions

The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Aroon Purie (DIN:00002794) as Chairman & Whole Time Director of the Company
    Special
    97.69% for2.31% against

    Against: promoters 0.00% · institutions 11.23% · other public 0.36%

    Turnout: all 76.13% · promoters 100.00% · institutions 95.56% · other public 8.22%

  2. Approval for payment of Remuneration to Mr. Aroon Purie (DIN: 00002794) as Chairman & Whole Time Director of the Company
    Special
    85.16% for14.84% against

    Against: promoters 0.00% · institutions 71.67% · other public 5.32%

    Turnout: all 76.13% · promoters 100.00% · institutions 95.56% · other public 8.22%

  3. Re-appointment of Ms. Kalli Purie Bhandal (DIN: 00105318) as Vice Chairperson & Managing Director of the Company
    Ordinary
    97.69% for2.31% against

    Against: promoters 0.00% · institutions 11.23% · other public 0.50%

    Turnout: all 76.13% · promoters 100.00% · institutions 95.56% · other public 8.22%

  4. Approval for payment of remuneration to Ms. Kalli Purie Bhandal (DIN: 00105318) as Vice Chairperson & Managing Director of the Company
    Special
    85.16% for14.84% against

    Against: promoters 0.00% · institutions 71.67% · other public 5.45%

    Turnout: all 76.13% · promoters 100.00% · institutions 95.56% · other public 8.22%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Sep 2022, 5 resolutions

Present: 4 promoters and 129 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2022 together with the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 77.50% · promoters 100.00% · institutions 84.32% · other public 12.27%

  2. To declare a final dividend @ 60% i.e. Rs. 3/- per Equity Share of Rs. 5/- each fully paid for the financial year 2021-22.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 77.53% · promoters 100.00% · institutions 84.46% · other public 12.27%

  3. To appoint a Director in place of Ms. Kalli Purie Bhandal (DIN:00105318) who retires by rotation at this Annual General Meeting and being eligible, offers herself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.02% · other public 0.03%

    Turnout: all 77.53% · promoters 100.00% · institutions 84.46% · other public 12.27%

  4. Re-appointment of M/s. S.R. Batliboi & Associates LLP, Chartered Accountants as Statutory Auditors of the Company and to fix their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 77.53% · promoters 100.00% · institutions 84.46% · other public 12.27%

  5. Ratification of remuneration to be paid to M/s SKG & Co., Cost Accountants, Cost Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 77.53% · promoters 100.00% · institutions 84.46% · other public 12.27%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 18 Sep 2025, 1 fund house

  • To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the reports of the Board of Directors and Auditors thereon.MoreLess
    1 for0 against
  • To declare a final dividend of Rs. 3/- (Three) per Equity Share of the face value of Rs. 5/- (Five) each for the Financial Year ended March 31, 2025.
    1 for0 against
  • To appoint a Director in place of Ms. Kalli Purie Bhandal (DIN:00105318) who retires by rotation at this Annual General Meeting and being eligible, offers herself for re-appointment.
    Against HDFC Mutual Fund
    • HDFC Mutual FundMs. Kalli Purie Bhandal, 52, is Vice Chairperson and Managing Director and part of the promoter family. We have concerns regarding poor capital allocation decisions leading to subdued profitability and return ratios of the company. We do not support the resolution.
    0 for1 against
  • Ratification of remuneration to be paid to M/s SKG and Co., Cost Accountants, Cost Auditors of the Company.
    1 for0 against
  • Appointment of M/s DMK Associates, Practicing Company Secretaries, as Secretarial Auditors of the Company.
    1 for0 against
  • Approval for payment of remuneration to Ms. Kalli Purie Bhandal (DIN: 00105318), Vice Chairperson and Managing Director of the Company.
    Against HDFC Mutual Fund
    • HDFC Mutual FundMs. Kalli Purie Bhandal, 52, is the promoter, Vice Chairperson and Managing Director. Her proposed remuneration is high even in case of inadequacy of profits. We do not support the resolution.
    0 for1 against

Mutual fund votes, meeting of 26 Mar 2025, 2 fund houses

  • Appointment of Ms. Hema Singh Rance (DIN : 06403266) as Non-Executive Independent Director of the Company
    2 for0 against
5 earlier meetings

Mutual fund votes, meeting of 18 Sep 2024, 2 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt the Audited Standalone & Consolidated FinancialnStatements of the Company for the financial year ended March 31, 2024 togethernwith the reports of the Board of Directors and Auditors thereon.MoreLess
    1 for0 against
  • To declare a final dividend of Rs. 8.50/- per Equity Share of the face value of Rs. 5/-neach for the financial year ended March 31, 2024.
    2 for0 against
  • To appoint a Director in place of Ms. Kalli Purie Bhandal (DIN: 00105318) who retiresnby rotation at this Annual General Meeting and being eligible, offers herself for reappointment.
    2 for0 against
  • Ratification of remuneration to be paid to M/s SKG & Co., Cost Accountants, CostnAuditors of the Company
    2 for0 against
  • Appointment of Mr. Sunil Bajaj (DIN: 00131028) as a Non - Executive Non-nIndependent Director of the Company.
    Against Franklin Templeton Mutual Fund
    • Franklin Templeton Mutual FundA vote AGAINST the following nominee is warranted because: • The board independence norms are not met and Sunil Bajaj is a non-independent director nominee.
    1 for1 against
1 proposal not matched to one resolution
  • Accept Financial Statements and Statutory Reports
    1 for0 against

Mutual fund votes, meeting of 21 Sep 2023, 3 fund houses

  • To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2023 together with the reports of the Board of Directors and Auditors thereonMoreLess
    3 for0 against
  • To declare a final dividend of Rs. 3/- per Equity Share of the face value of Rs. 5/- each for the financial year ended March 31, 2023
    3 for0 against
  • To appoint a Director in place of Mr. Devajyoti Nirmal Bhattacharya (DIN: 00868751) who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with Law. No concern on profile. Governance Concern: Low attendance at NRC meetings; no justification for absence.
    2 for1 against
  • Ratification of remuneration to be paid to M/s SKG & Co., Cost Accountants, Cost Auditors of the Company
    3 for0 against
  • Re-appointment of Mrs. Neera Malhotra (DIN: 00118387) as an Independent Director of the Company
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with Law. No concern on profile of appointee. Governance Concern: Prolonged association with the group.
    2 for1 against
  • Appointment of Mr. Jaivir Singh (DIN: 01362930) as an Independent Director of the Company
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with Law. No concern on profile of appointee. Governance Concern: Excessive time commitments.
    2 for1 against
  • Approval for payment of remuneration, in case of inadequacy of profits, to Ms. Kalli Purie Bhandal (DIN: 00105318), Vice Chairperson & Managing Director of the Company
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with Law. No concern on profile. Governance Concern: Past remuneration excessive in nature.
    2 for1 against

Mutual fund votes, meeting of 9 Apr 2023, 3 fund houses

  • Re-appointment of Mr. Aroon Purie (DIN:00002794) as Chairman & Whole Time Director of the Company
    3 for0 against
  • Approval for payment of Remuneration to Mr. Aroon Purie (DIN: 00002794) as Chairman & Whole Time Director of the Company
    Against HDFC Mutual Fund
    • HDFC Mutual FundThe proposed remuneration is high considering the size and complexity of the business
    2 for1 against
  • Re-appointment of Ms. Kalli Purie Bhandal (DIN: 00105318) as Vice Chairperson & Managing Director of the Company
    3 for0 against
  • Approval for payment of remuneration to Ms. Kalli Purie Bhandal (DIN: 00105318) as Vice Chairperson & Managing Director of the Company
    Against HDFC Mutual Fund
    • HDFC Mutual FundThe proposed remuneration is high considering the size and complexity of the business
    2 for1 against

Mutual fund votes, meeting of 11 Mar 2023, 1 fund house

  • 1. Re-appointment of Mr. Aroon Purie (DIN: 00002794) as Chairman & Whole-time Director of the Company. 2. Approval for payment of remuneration to Mr. Aroon Purie (DIN: 00002794) as Chairman & Whole-time Director of the Company. 3. Re-appointment of Ms. Kalli Purie Bhandal (DIN 00105318 ) as Vice Chairperson & Managing Director of the Company. 4. Approval for payment of remuneration to Ms. Kalli Purie Bhandal (DIN: 00105318) as Vice Chairperson & Managing Director of the CompanyMoreLess
    Against quant Mutual Fund
    • quant Mutual FundRes 1-2 Vote: AGAINST Explanation: Regarding the re-appointment and approval of remuneration of Chairman and Whole Time Director Mr Aroon Purie. The resolutions are in non-compliance with law as there has been a delay in approval for continuation of employment of Mr Purie and hence, he becomes ineligible for re-appointment. On other fronts of governance concern, there is no cap in absolute terms on variable pay and on total pay. Also, Mr Poorie, as an Executive Chairman, holding dual positions of heading the company and chairing it, is ill advised from the perspective of good governance and from the perspective of minority shareholder’s long term interests. Hence, we vote against the resolutions. Res 3-4 Vote: AGAINST Explanation: Regarding the re-appointment and approval of remuneration of Vice Chairperson and Managing Director Ms Kalli Purie Bhandal. Compliant with law. We highlight governance concerns that there is no cap in absolute terms on variable pay and on total pay and her individual performance criteria are undisclosed. Also, in the past, it appears that the remuneration to Ms Bhandal has been excessive, growing nearly 3.4x over FY17-FY22 to INR 11.12 crore in FY22, when the company’s profits grew by only ca. 80% to INR 182cr in FY22. Hence, we vote against the resolutions.
    0 for1 against

Mutual fund votes, meeting of 27 Sep 2022, 3 fund houses

  • To receive, consider and adopt the audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2022 together with the reports of the Board of Directors and Auditors thereon.MoreLess
    3 for0 against
  • To declare a final dividend @ 60% i.e. Rs. 3/- per Equity Share of Rs. 5/- each fully paid for the financial year 2021-22.
    3 for0 against
  • To appoint a Director in place of Ms. Kalli Purie Bhandal (DIN:00105318) who retires by rotation at this Annual General Meeting and being eligible, offers herself for re-appointment.
    3 for0 against
  • Re-appointment of M/s. S.R. Batliboi & Associates LLP, Chartered Accountants as Statutory Auditors of the Company and to fix their remuneration.
    3 for0 against
  • Ratification of remuneration to be paid to M/s SKG & Co., Cost Accountants, Cost Auditors of the Company.
    3 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeGoods and Service Tax (“GST”) DepartmentSince 30 Apr 2024
    No further update
    At the filing before: 07/12/2024: The Company applied for refund of Input tax credit of pre-GST regime which was rejected and now a demand notice for Rs. 5,72,81,892/- has been received. The Company is in process of filing appeal before GST Tribunal. 13/07/2026: The Company filed an appeal before GSTAT Appeal on 22.05.2026MoreLess
  • Tax disputeIncome Tax DepartmentSince 30 Oct 2021
    No further update
    At the filing before: 25/08/2023: The Company informed the exchanges regarding Pending material litigation(s) and / or dispute(s). 27/02/2024: The Company intimated that it had received the order passed by Commissioner of Income Tax (“CIT”) (Appeals), Income Tax Department, NFAC, towards appeal filed against order u/s 143 (3) of IT Act, passed by AO, Assessment Unit, IT Department for the AY. 2018-19, the Order has allowed four (4) out of five (5) grounds in favour of the Company with amount involving Rs. 12,46,14,878/- and remaining one (1) ground with amount involving Rs.1,52,42,500/- has been dismissed for which Company shall file appeal before Income Tax Appellate Tribunal, Delhi. 30/03/2024: The Company has filed an appeal before ITAT against CIT(A) order. 10/03/2025: The Company intimated to the exchange that the Company has received the order passed by Assessing Officer (AO) Income Tax Department, wherein AO has levied penalty of Rs 1,05,50,248/- against depreciation on Intangible assets. We are in appeal before ITAT against this issue. Now, since penalty order is issued, we will file an appeal before Commissioner (Appeals) against this penalty order. 24/03/2025: The Company has filed an appeal before CIT(A) against penalty order. 19/05/2026: The Company intimated to the exchange that it had received the order passed by Learned Income Tax Appellant Tribunal, New Delhi (“Ld. ITAT, New Delhi”), wherein the appeal filed by the Company has been admitted and ruled in its favour by the Ld. ITAT, New Delhi. Further, the appeal filed by ACIT has been dismissed on all 3 grounds involved.MoreLess
  • Tax disputeIncome Tax DepartmentSince 22 Jul 2025
    No further update
    At the filing before: 23/07/2025 : The Company intimated the exchange that it had received a letter dated July 22, 2025 via email today for the FY 2023-24 (Q4), from Income Tax Department — ITO TDS Ward, 76(2) Laxmi Nagar New Delhi, herein Ld. Assessing Officer has raised demand of Rs. 24,10,260/- in respect of short deduction of TDS of Salary payment to employees (whose PAN are inoperative in Q4 of FY 2023-24) and advised to deduct and deposit correct TDS amount and submit a revised TDS statement. The Company will file a reply against the aforesaid letter before the assessing officer in due course. There is no impact on financial, operational or other activities of the Company.MoreLess
  • Tax disputeGoods and Service Tax (“GST”) DepartmentSince 9 Feb 2026
    No further update
    At the filing before: 09/02/2026 : The Company intimated the exchange that it had received an order dated February 05, 2026 via email today Commissioner CGST (Appeals) Noida – 201305, wherein revised demand of ITC of Rs. 1,95,48,739/- has been raised plus applicable interest and penalty of Rs 19,54,873/- against the original demand of Rs. 2,16,11, 820/- initially raised by Assistant Commissioner, CGST, Division –I, Noida, for contention of short payment of tax and Ineligible Input Tax Credit availed by the Company for FY 2019-20. The Company will file an appeal against the aforesaid order before the before the Appellate Tribunal (GSTAT) in due course. There is no impact on financial, operational or other activities of the Company. 13/07/2026: The Company filed an appeal before GSTAT Appeal on 30.06.2026MoreLess
  • Tax disputeIncome Tax DepartmentSince 20 Feb 2026
    No further update
    At the filing before: 10/02/2026: The Company intimated the exchange that the Company has received a order u/s 154 along with demand notice of Rs. 11,16,14,958/- for the FY 2019- 20 via email today from Assistant Commissioner of Income Tax (ACIT) Circle 25(1) Delhi. There is no impact on financial, operational or other activities of the Company. 15/04/2026: The Company informed that it has filed an appeal on 16/02/2026 before the Commissioner of Income Tax (Appeals) against the demand notice.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.